YBS cuts prices on fixed rates

The Yorkshire said it will be cutting rates throughout its range with particular focus on 90% LTV lending across various fixed terms.

Available in branches, 90% LTV rates start from a two year at 4.49%, a three year at 4.59% and a five year at 4.79%. All of these are available with a £995 fee.

Lower fee options and products with incentives are also available for borrowers.

FTB products are also seeing a reduction with rates from 4.99%, with no product fee, a free valuation/legal fees and £500 cashback.

Commenting on the detail of the changes, mortgage manager Alice Leslie from Yorkshire Building Society said: “We are always looking at ways to offer better value to our customers and are pleased to be in a position to reprice a number of our products with particular focus on our 90% LTV tier.

“We believe this focus will help more people get on the property ladder, predominantly those who have a limited deposit.”

In addition to changes to the 90% lending tier a two year fixed-rate mortgage will be available up to 75% LTV at 2.84%.